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CABARRUS <br /> ECONOMIC DEVELOPMENT <br /> PROJECT HERCULES 11 OVERVIEW (estimated) <br /> Company's Legal Name: TPA Group's Preferred Tenant; online retail fulfillment/distribution operation <br /> Project Overview: <br /> The preferred tenant estimates creating 600+ full time jobs. Their estimated personal property <br /> investment is $35,000,000. <br /> Company is seeking to establish another facility to add to its existing network of online retail fulfillment <br /> facilities. <br /> Proposed New or Additional Cabarrus facility: <br /> Proposed Location: 6501 Macedonia Church Road, Kannapolis (located at Hwy 73 & Macedonia <br /> Church Road; PIN #4691795791) <br /> Square Feet: 1,000,000 SF <br /> Investment: $35,000,000 (personal property) <br /> New Job Creation: <br /> Number of New Full Time Jobs: 600+ FT <br /> Average Wage: $31,140 <br /> Grant Calculations: <br /> County: $35 M, 3 year grant term: $624,750 <br /> Kannapolis: $35 M, 3 year grant term: $562,275 <br /> Combined: $35 M, 3 year grant term: $1,187,025 <br /> G-1 Page 316 <br />